Bank Negara Malaysia is closely monitoring global developments and will ensure sufficient liquidity in the domestic foreign exchange market to manage any spillover effects that might result from heightened volatility in world financial markets, said governor Datuk Seri Abdul Rasheed Ghaffour.
Abdul Rasheed stated that Malaysia has delivered and continues to deliver resilient growth performance. “Averaging 4.3% since 2011, our growth is higher relative to regional economies and rating peers; and this speaks for sound macroeconomic management.” Abdul Rasheed said BNM will play its part and do what is needed to ensure both monetary and financial stability and that the financial market environment is conducive for sustainable investment and economic activities to take place.